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Fishmeal prices in China rose by $230 per tonne within one week, according to Undercurrent News reporting dated January 23, 2020. The article describes the price jump in the Chinese fishmeal market.
A sharp rise in Chinese fishmeal prices signals tighter near-term supply or stronger aquaculture demand, which lifts feed ingredient costs for buyers. Fishmeal strength can also support substitution demand for other protein meals.
undercurrentnews.comLouis HarkellJan 23, 2020Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
